Senior Quantitative Lead - Trading Algorithms

Responsibilities

• Algorithm Development: Developing custom trading algorithms with the goal tailored execution oues that implement our portfolio optimization approach. Developing a framework that both relies on internal signals as well as facilitates its use by broader set of teams with their own signals, either independently or collaboratively.
• Simulation: Develop a framework of simulators that use market data and trade history (or models) to evaluate the efficacy of algorithmic logic changes.
• Collaboration with Quant Analysts: Partner with quantitative research analysts to productionize market microstructure and short-term signal models.
• Performance Evaluation: Develop execution analysis reporting with appropriate benchmarks to evaluate the performance of custom algorithms.
• Monitoring Tools: Develop intraday and post-trade monitoring tools to monitor and troubleshoot algorithm performance.

Qualifications/Skills Required
• Experience: 10+ years of relevant experience in the trading and finance industry.
• Market Microstructure Expertise: Domain expert in the market microstructure of cash equities. Knowledge of liquid futures market structure is a bonus.
• Development Skills: Significant hands-on development experience in event-driven, real-time trading processes. Proficiency in C++ is preferred. If using Java, must demonstrate techniques that maximize runtime performance; proficiency with techniques that cover at best-in-class software-based latency; experience with FPGA a plus but not required.
• Trade & Market Data: Reasonable amount of experience with understanding and coding trade and market data.
• Leadership: Experience as a hands-on development lead, mentoring and guiding junior developers.
• Education: Bachelor's or Master's degree in CS, Electrical & Electronic Eng, Biochem, applied math or statistics
• Technical Skills: Strong programming skills in C++ or Java, with a focus on event-driven real-time trading processes.
• Analytical Skills: Excellent quantitative and analytical skills, with the ability to interpretplex data and develop actionable insights.
•munication: Strong verbal and writtenmunication skills, with the ability to convey technical concepts to non-technical stakeholders.
• Problem-Solving: Proven ability to solveplex problems and think critically in high-pressure situations.
• Team Player: Ability to work effectively in a team-oriented environment, collaborating with cross-functional teams.

The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a totalpensation package which includes a base salary, discretionary performance bonus, and aprehensive benefits package. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate apetitive totalpensation package. Job ID REQ-24373